Friday, December 9, 2016

Former Cantor Fitzgerald #mortgage bond trader charged with securities fraud

A former #mortgage bond trader at Cantor Fitzgerald stands accused of committing securities fraud by allegedly overcharging customers for residential #mortgage-backed securities, a collection of federal agencies announced Friday. Among the victims of this alleged scheme are asset managers and firms affiliated with or subsidiaries of recipients of funds from the Troubled Asset Relief Program, the government said. http://www.housingwire.com/articles/38725-former-cantor-fitzgerald-mortgage-bond-trader-charged-with-securities-fraud ❤️ #share #mortgage



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